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Stocks inch up as oil weighed by supply while earnings loom

Reuters · July 07, 2026

U.S. stocks rose Tuesday as investors weighed mixed signals ahead of upcoming corporate earnings reports, with the S&P 500 and Nasdaq climbing on strength in chipmaker Broadcom, while oil prices retreated on supply concerns. O'Reilly Automotive declined after reports of a bid for Genuine Parts' automotive division. Canada's TSX edged lower in the session.

Quwwaa's summary, drawn from reporting by Reuters. Read the full story at Reuters →

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